ARTICLE
6 February 2012

Bill On Management And Supervision; Remedial Bill And Entry Into Force

The Minister of Justice does not expect the Bill on Management and Supervision, which was adopted by parliament in May 2011, to enter into force before 1 July 2012.
Netherlands Corporate/Commercial Law
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The Minister of Justice does not expect the Bill on Management and Supervision, which was adopted by parliament in May 2011, to enter into force before 1 July 2012.

To clarify the maximum number of supervisory positions that a supervisory director may hold and the types of supervisory positions that qualify, remedial legislation has been submitted to parliament. The restriction on the number of supervisory positions has received a great deal of criticism. As a result, some stipulations in the remedial bill have been clarified and amended.

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